Allied Properties REIT Completes Acquisition of Ownership Interest in 400 West Georgia and Increased Ownership Interest in 19 Duncan
On April 1, 2024, Allied Properties Real Estate Investment Trust, a leading owner-operator of distinctive urban workspace in Canada’s major cities, completed the acquisition from Westbank of a 90% ownership interest in 400 West Georgia Street in Vancouver, and an additional 45% ownership interest in 19 Duncan Street in Toronto (increasing Allied’s ownership interest to 95%). The transaction was based on an aggregate property value of $920.7 million.
Aird & Berlis advised Allied with a team led by Kyle Genga and Jacob Dubelaar, and including Kristian Arciaga, Queenie Lo, Jasraj Shergill and Daniella Guzzi (Real Estate), Aaron Collins, Kanika Sharma and Jonathan Yantzi (Financial Services), Melanie Cole and Amy Marcen-Gaudaur (Corporate/Securities), Stephen Zolf and Portia Biswas (Competition), Michael Horvat (Employment), Carol J. Burns and Angelo Gentile (Tax), and Faruk Gafic (Leasing).
-
BioFull bio
Kyle is a practical, results-oriented lawyer with more than 25 years of commercial real estate experience.
-
BioFull bio
Jake is dedicated to providing exceptional client service on routine and complex commercial real estate transactions.
-
BioFull bio
Queenie’s dedication to delivering exceptional client service, coupled with her expertise in navigating complex transactions, positions her as a...
-
BioFull bio
Jasraj enjoys the dynamic nature of real estate law. He brings a business-minded approach to real estate transactions.
-
BioFull bio
A self-described deal junkie, Aaron thrives on getting deals done, and will make sure your transaction gets across the finish line.
-
BioFull bio
Kanika’s broad corporate experience allows her to provide practical advice on a wide range of financing and lending matters.
-
BioFull bio
Jonathan is a member of the firm’s Financial Services Group, specializing in secured lending transactions.
-
BioFull bio
Whether advising her clients on public and private financings, mergers and acquisitions or corporate commercial matters, Melanie takes a client-first ...
-
BioFull bio
Amy is a partner with the firm's Capital Markets, Mergers & Acquisitions and Venture Finance Groups.
-
BioFull bio
Stephen guides clients through the rapidly evolving regulatory environment governing the telecommunications and media industry in Canada.
-
BioFull bio
Portia is a strong negotiator and communicator who supports her clients as they seize opportunities or face challenges.
-
BioFull bio
Michael guides his clients through their labour and employment law issues by providing them with practical solutions that balance their workplace issu...
-
BioFull bio
Carol takes a thorough and well-researched approach to providing clients tax advice that is tailored to their specific situation and needs.
-
BioFull bio
Angelo is a natural problem solver and he applies this skill to resolve tax disputes on behalf of his clients.
-
BioFull bio
Faruk has significant experience in advising clients in commercial real estate matters.
-
BioFull bio
Daniella is a dedicated commercial real estate lawyer.
Related Areas of Expertise
Representative Matters
-
Laurentel Secures Appointment of Receiver for Pro/Com Realty Corp. and 1983880 Ontario Inc.
Aird & Berlis acted for Laurentel with a team led by Shaun Parsons (Financial Services) and including Josh Suttner (Litigation) and Alexandra Raponi (Real Estate). -
Aird & Berlis Advises International Media Company on Acquisition of Canadian Streaming Assets
Aird & Berlis acted as legal counsel for the media company with a team led by Aaron Bains (Capital Markets) and Felix Ng (Corporate/Commercial) and including Alex Kagan (Employment), Angelo Gentile (T... -
Receivership Ordered for Ashcroft Urban Developments Following Creditor Opposition to CCAA Proceedings
Aird & Berlis represented CMLS Financial Ltd. and Equitable Bank in this matter, with a team led by Robb English and including Sanjeev Mitra and Calvin Horsten (Financial Services).